Here are some of the most noteworthy new highs and lows across the markets for Friday, January 17, 2020.
The “Average” Stock Is Breaking Out To New All-Time Highs $VLA
Automobile Stocks Testing 15-Year Highs
Housing Stocks Testing All-Time Highs $HGX
Utilities Breaking Out To All-Time Highs $DJU
Broker-Dealer Stocks $XBD Testing All-Time Highs
Emerging Markets $EEM Hitting 52-Week High, But…
Australian Stocks Hitting New All-Time Highs
Natural Gas Hitting ~4-Year Lows
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Disclaimer: JLFMI’s actual investment decisions are based on our proprietary models. The conclusions based on the study in this letter may or may not be consistent with JLFMI’s actual investment posture at any given time. Additionally, the commentary provided here is for informational purposes only and should not be taken as a recommendation to invest in any specific securities or according to any specific methodologies. Proper due diligence should be performed before investing in any investment vehicle. There is a risk of loss involved in all investments.